On December 12, the FTC finalized what it has called the CARS (Combating Auto Retail Scams) Rule. The flawed Rule is aimed at changing the way dealers interact with customers by requiring additional disclosures related to pricing, new requirements for voluntary protection products, and extremely burdensome record-keeping mandates. NADA immediately prepared a FAQ for dealers about the requirements of this ill-advised Rule and, most recently, held a webinar for all dealers. NADA is also hard at work preparing a comprehensive compliance guide.

NADA also is fighting the FTC CARS rule on multiple fronts. NADA and the Texas Automobile Dealers Association have filed a legal challenge to the Rule in the Fifth Circuit Court of Appeals. In addition, NADA continues to support a House appropriations rider that would prevent the FTC from spending funds to enforce the Rule for one year, as well as the FTC Re-Do Act introduced in the Senate.

Supporting NADA is no different or less important than supporting a state dealer association like GADA or other organizations that work on behalf of businesses. Your financial support is critical to NADA’s mission. When NADA is successful in its pursuits, dealers are better off. It’s that simple. My message to you is also simple and direct. Judging by NADA PAC participation, which consists of only 10% of Georgia dealers, it is apparent that only some appreciate the value of NADA and its constant fight for franchised dealerships. We can do better — YOU can do better. You can show support for NADA by becoming a member, renewing your membership, participating in the many workshops and webinars that are offered, and participating in grassroots efforts. If you have not filed a prior authorization for NADA PAC, please reach out to me directly or to GADA at legislative@gada.com.

It’s your livelihood. Invest. And invest wisely.

Please contact me if I can be of assistance.